单选题
An analyst gathered the following annual data for SMG Corporation on 2004:
Net profit margin
5%
Total asset turnover
2.0%
Total assets to equity
2.5%
Net income
$25000000
Dividends paid on common stock
$10000000
The SMG Corporation"s estimated dividend growth rate is closest to:
A、
10.0%.
B、
15.0%.
C、
20.0%.
【正确答案】
B
【答案解析】
ROE=2.0×0.05×2.5=0.25
b=10000000/25000000=0.40
g=ROE×(1-b)=0.25×(1-0.40)=0.15
提交答案
关闭